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Voters will rebel! In commenting about the financial system overhaul bill, Sen. Dodd admitted, "No one will know until this is actually in place how it works" and voters will believe him. This is the critical problem underlying these big government bills. Congress doesn't have a clue what it is passing, and most members don't bother to read the details.

The financial system overhaul bill will produce the same results as the health care effort - higher costs, fewer choices and a huge new bureaucracy that will intrude into the lives of individuals and the workings of business owners. Obama and congressional Democrats will not be rewarded for this.

Health care and financial system reform merely required targeted reforms to fix the practices of bad players, and bring more accountability/transparency into the system. In both overhaul efforts, the government drivers that created bad outcomes (Fannie and Freddie and its role in the mortgage mess, and outdated regulations preventing competition and choice in health insurance) have not been addressed.

The unintended consequences of these intrusive and costly bills have already hit the market, and are impacting small businesses. Higher health insurance costs, diminished choices, complexity and confusion over how regulations will impact their existing plans are all the results of ObamaCare. Less access to credit and capital, higher costs of capital and more regulation that will hit many small businesses are soon to follow.

On top of that, these bills do nothing to help restore the economy or create jobs. In fact, the economic climate will worsen under these pieces of legislation as well as the threat of more to come if Democrats and President Obama are successful in advancing what remains on their agenda.

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